Market News
Bajaj Finance to Apollo Hospitals: Promoter stake rises in 28 stocks during March quarter; check full list
.jpeg)
3 min read | Updated on May 28, 2025, 12:28 IST
SUMMARY
Among other prominent companies which saw promoters raise stakes were Jindal Steel and Power, GMR Airports, Dabur India, Jindal Stainless, Godrej Industries, Poonawalla Fincorp and Aster DM Healthcare.
Apollo Hospitals Enterprises saw its promoters increase stake in to 29.34% at the end of Q4FY25 from 29.34% in third quarter. | Image: Shutterstock
Bajaj Finance, Apollo Hospitals, GMR Airports, Jindal Steel, Trident, Anant Raj Industries, Sobha and NCC are among the 28 companies which saw promoters increase stakes in their respective companies at the end of March quarter.
On a sequential basis, Bajaj Finance saw its promoters raising stake in the company to 54.73% at the end of fourth quarter of financial year 2024-25 (Q4FY25) from 54.70% in the previous quarter, data from Ace Equities showed.
Apollo Hospitals Enterprises saw its promoters increase stake in to 29.34% at the end of Q4FY25 from 29.34% in third quarter of financial year 2024-24 (Q3FY25).
The India Cements saw its promoters raise stake in the company to 81.49% at the end of March quarter as against 55.49% in the previous quarter after UltraTech Cement completed the acquisition of 32.72% of The India Cements Limited. UltraTech Cement completed acquisition of 10,13,91,231 equity shares representing 32.72% of the equity share capital of The India Cements.
Among other prominent companies which saw promoters raise stakes were Jindal Steel and Power, GMR Airports, Dabur India, Jindal Stainless, Godrej Industries, Poonawalla Fincorp and Aster DM Healthcare.
| Company name | Promoter holding at end of Q4FY25 (in %) | Promoter holding at end of Q3FY25 (in %) |
|---|---|---|
| Bajaj Finance | 54.73 | 54.70 |
| Apollo Hospitals Enterprise | 29.34 | 29.33 |
| Jindal Steel & Power | 62.22 | 61.19 |
| Zydus Lifesciences | 74.99 | 74.98 |
| GMR Airports | 66.24 | 66.07 |
| Dabur India | 66.27 | 66.26 |
| Jindal Stainless | 60.88 | 60.71 |
| Godrej Industries | 69.65 | 65.73 |
| Poonawalla Fincorp | 62.53 | 62.36 |
| Aster DM Healthcare | 41.89 | 41.88 |
| Deepak Nitrite | 49.28 | 49.24 |
| Piramal Enterprises | 46.41 | 46.30 |
| Himadri Speciality Chemical | 51.61 | 51.56 |
| Atul | 45.18 | 45.17 |
| Alembic Pharmaceuticals | 69.67 | 69.61 |
| Anant Raj | 60.16 | 60.00 |
| Trident | 73.68 | 73.19 |
| IFCI | 72.57 | 71.72 |
| Cyient | 23.29 | 23.14 |
| NCC | 22.11 | 22.02 |
| Sobha | 52.88 | 52.77 |
| Vardhman Textiles | 64.22 | 64.21 |
| Zydus Wellness | 69.63 | 69.62 |
| JM Financial | 56.50 | 56.43 |
| The India Cements | 81.49 | 55.49 |
| Alkyl Amines Chemicals | 72.04 | 72.00 |
| Maharashtra Seamless | 68.86 | 68.07 |
| Sunteck Realty | 63.28 | 63.24 |
| Balaji Amines | 54.62 | 53.70 |
The promoters of these companies raised stakes at a time when markets were going through a tough phase which saw benchmark indices go through a sustained phase of correction amid selloff by foreign portfolio investors and weak set of earnings posted by India Inc. in December quarter.
Markets witnessed strong correction from October to March in which SENSEX dropped by 8.13% and NIFTY50 index corrected by 9%.
Analysts say that promoters raising stake in tough times reflects their confidence in their own business and also boost confidence among shareholders.
"Markets witnessed strong correction from October to March and promoters buying stake instils faith in their own company and business," said Vijay Chopra of Enoch Ventures, a Delhi-based financial services company.
About The Author
Next Story
